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Russia Agribusiness Report Q3 2015

99 Pages BMI Research April 29, 2015 SKU: BMI5545103

Russia Agribusiness Report Q3 2015

BMI View: Growth in the Russian agricultural sector will remain weaker over the next few years relative toprevious years as a result of the poor economic situation. A poorer fiscal outlook will subsequently reducegovernment support to key areas of the agricultural sector, namely the dairy industry and in subsidies forcrop producers. That said, the country's ban on agricultural imports from certain countries will provide aboon to production over the coming months, as domestic producers take advantage of the lack ofcompetitive imports. Grain production will decline considerably year-on-year in 2015/16 due to muchlower yields owing to a large rise in agricultural input costs.

Key BMI Forecasts

Wheat production growth 2013/14 to 2018/19: 14.7% to 59.8mn tonnes. Yield gains and better accessto export markets in Asia will lead to wheat production growth after a large year-on-year (y-o-y) declinein the 2015/16 season.

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Russia Agribusiness Report Q3 2015

BMI Research
April 29, 2015

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